2020 Federal Tax Update with Walter Nunnallee

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Description

In this course, we review current year developments and planning ideas affecting individual, corporate and business income taxation using a combination of humor and examples. We will emphasize all major new tax legislation as well as other significant tax developments that affect 2020 tax return preparation and 2020 tax planning for individuals, corporations and non-corporate businesses.

Credits

Number of Credits Type of Credits
8.00 Taxes
6.75 CLE

Designed For

The course format is designed to update CPAs with various levels of experience.

Highlights

The seminar includes: 1) A review of the latest developments and guidance for important TCJA provisions, such as the: 20 percent '199A deduction; 100 percent '168(k) depreciation deduction; final 2020 163(j) regulations limiting the business interest expense deduction; accounting method changes for small businesses; individual excess loss provisions; final Qualified Opportunity Fund regulations and more; 2) Review of SECURE Act provisions first effective in 2020, including new contribution and distribution rules for IRAs and qualified plans; 3) Releases regarding the Taxpayer First Act; 4) A review of any other significant 2020 tax legislation; 5) Proposed regulations for determining when contributions to charitable organizations are deductible as trade or business expenses; and 6) New tax cases, rulings, and regulations expected to have the most significant impact on individuals and businesses. The presentation will emphasize tax planning opportunities resulting from these recent developments.

Objectives

To review major developments in federal income taxation for individuals, corporations, and other businesses having the greatest impact on participants, clients, and companies. The course will emphasize 2020 developments including recent developments and planning ideas regarding the Secure Act, the Taxpayer First Act, the Tax Cuts and Jobs Act (TCJA), and any 2020 legislation. This course includes a 200+ page reference manual. The seminar is designed to update participants concerning 2020 tax developments emphasizing practical solutions to problems and tax planning opportunities.

Prices

Member (Early Bird)
$295.00
Non-Member (Early Bird)
$395.00
Member
$345.00
Non-Member
$445.00
Your Price: $395.00

This is your base price and does not reflect any additional session fees, optional add-ons, or guest registrations. Early Bird rates will be applied to all registrations made prior to November 21, 2020.

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$25.00

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Instructors

Walter H. Nunnallee, JD, LLM, CPA

Walter H. Nunnallee, Esq., CPA, served as a professor of tax law at North Carolina Central University School of Law, Durham, North Carolina from 1986 to 2010. Mr. Nunnallee has also served as visiting interim professor at the University of Florida College of Law and as an adjunct professor of tax law at University of North Carolina School of Law, Duke University School of Law, and the Graduate Tax Program at the University of Florida College of Law.

He worked as a CPA with KPMG, Raleigh, North Carolina from 1975 to 1978, and from 1981 through 1988 he was an attorney with the law firms of Poyner & Spruill and Manning, Fulton and Skinner, Raleigh, North Carolina. His academic credentials include a B.S. from Florida State University, a J.D. from the University of North Carolina, and an LL.M. in Taxation from the University of Florida (where he finished first in his class).

He has authored numerous tax articles published in the Oregon Law Review, The Tax Lawyer, Tax Notes, and The Review Of Taxation Of Individuals.

Mr. Nunnallee has frequently lectured at tax conferences including the University of Montana School of Law Tax Institute; Southern Federal Tax Institute, Virginia Tax Conference, University of North Carolina School of Law Annual Tax Institute; and various state tax institutes. He is a frequent discussion leader for tax-oriented CPE seminars throughout the country. He is also a member of the North Carolina Association of Certified Public Accountants and the North Carolina Bar Association (past chairman of the Tax Section, 1991-92). He serves on the Board of Advisers of the J. Nelson Young Tax Institute.

Mr. Nunnallee has been a partner with Don Farmer, CPA, PA since 1991 presenting tax seminars around the country.

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